Latest Market News

Oct 26
S&P 500, Nasdaq snap 3-day winning streak after tech earnings disappointment

Stocks ended mostly lower, though the Dow Jones Industrial Average appeared to cling to a tiny gain Wednesday, with the market unable to fully shake off weak earnings from tech behemoths Microsoft Corp. MSFT, -7.72% and Google parent Alphabet Inc. GOOG, -9.63% GOOGL, -9.14%. The Dow DJIA, +0.01% ended with a gain of just over […]

Oct 26
Tesla facing criminal investigation into Autopilot claims: report

Tesla Inc. TSLA, +1.00% is facing a U.S. criminal investigation into claims that it has made around the self-driving capabilities of its vehicles, according to a Wednesday afternoon report from Reuters. The story, which cites three anonymous sources, said that the Department of Justice opened the inquiry into Tesla last year in the wake of […]

Oct 26
New Jersey Sen. Bob Menendez under federal criminal investigation

Sen. Bob Menendez, a New Jersey Democrat, is under federal criminal investigation, according to multiple reports. Semafor reported that prosecutors in the Southern District of New York have contacted people connected to Menendez in recent weeks, and an adviser to the senator told the outlet he is “aware of an investigation that was reported on […]

Oct 26
Data-center suppliers get boost as Facebook parent Meta hikes capex for AI

Shares of data-center equipment providers jumped in the extended session Wednesday after Facebook parent Meta Platforms Inc. META, -5.59% hiked its capital expenditure budget. Nvidia Corp. NVDA, -2.75% shares rallied 3.9% after hours, while Advanced Micro devices Inc. AMD, -2.83% shares rose 2.4%, Marvell Technology Inc. MRVL, -4.58% shares surged 3.8%, and Intel Corp. INTC, […]

Oct 26
Crypto Council for Innovation poll sees crypto voters as a force to be reckoned with

The new data show crypto ownership is comparable to that of other assets and especially strong among the young; crypto is seen more favorably than banks in some quarters. 1525 Total views 30 Total shares A poll conducted by the Crypto Council for Innovation (CCI) has shown that a candidate’s position on crypto may impact […]

Oct 26
Oil prices finish higher, supported by a weaker U.S. dollar and weekly fall in gasoline supplies

Oil futures settled higher on Wednesday, finding support on the back of a weaker U.S. dollar, as well as a weekly decline in domestic gasoline stockpiles. The Energy Information Administration reported that supplies of crude rose 2.6 million barrels last week, but gasoline fell by 1.5 million barrels. The EIA data was more bullish than […]